Health Professionals Insurance Services

What Health Professionals Insurance Services does

Health Professionals Insurance Services, Inc. (HPIS) is a family-owned, independent insurance agency headquartered in San Diego, California, that specializes in serving physicians and dentists — both in active practice and during medical residency or fellowship training. The agency's core product portfolio comprises three lines: individual disability income insurance (with own-occupation coverage specifically engineered for medical professionals), life insurance, and group benefits/health insurance for practices and small employer groups. As an independent (non-captive) agency, HPIS accesses multiple insurance carriers to source best-fit products for each client rather than acting as a representative of a single insurer.

The firm operates on a commission-based revenue model, earning affiliate referral commissions on policies placed with carrier partners. There is no proprietary technology platform; the agency functions as a traditional brokerage, with its website serving as a content and lead-capture channel and primary client engagement occurring via a toll-free number, a local San Diego line, and in-person consultations. The founder, Wayne, is credited with developing one of the first group long-term convertible disability policies designed specifically for medical residents and fellows, in partnership with a key carrier — a heritage that underpins the firm's niche specialization.

HPIS runs a sales-led go-to-market motion, targeting two closely related personas: practicing physicians and dentists who need income and family protection, and medical residents/fellows who require affordable, convertible coverage that transitions into practice-stage policies. The company is privately held with no institutional investors, no parent company, no subsidiaries, and no disclosed partnerships, M&A activity, certifications, or patents. Geographic scope is concentrated in California, though a national toll-free line suggests latent capacity for broader U.S. reach.

Name

Health Professionals Insurance Services

Legal name

Health Professionals Insurance Services, Inc

Website

https://WWW.HPIS.BIZ

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Health Professionals Insurance Services is a family-owned, independent insurance agency in San Diego that provides disability income, life, and group health insurance exclusively to physicians and dentists, both in practice and during medical training, earning commission-based revenue across multiple carrier partners.

Ownership category

akta.pro rank

Product category

Professional Disability and Life Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411), Hospital & Medical Service Plans (6324)

akta.pro primary industry

Own-Occupation Specialty Disability Insurance (Professional Occupations) (FSAIAIAI)

akta.pro secondary industries

Small Group Health Insurance (2–50/100) (FSAIAFAD), Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

Keywords

• Disability income insurance
• Life insurance agency
• Group health benefits
• Physician insurance services
• Independent insurance broker

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Insurance Product Sales: Commission-based revenue from selling disability income insurance, life insurance, and group benefits products. The agency accesses multiple insurance carriers to find best-fit products for client needs and budget.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Health Professionals Insurance Services is a family-owned, independent insurance agency that places disability income insurance, life insurance, and group health insurance products for physicians and dentists. The agency focuses on both practicing professionals and trainees (medical residents, dental students, and fellows), and represents multiple insurance carriers to offer clients a choice of policies and price points.

Product overview

Health Professionals Insurance Services offers a focused portfolio of three core insurance products designed for physicians and dentists. The primary offerings include Disability Income Insurance (with own occupation disability coverage specifically for medical professionals), Life Insurance, and Group Benefits/Health Insurance. As an independent insurance agency, HPIS accesses multiple insurance carriers to find the best products to fit individual client needs and budgets.

Differentiator

Problem solved

Functional benefit

Products and services

• Disability Income Insurance Individual disability income insurance coverage placed for physicians and dentists, designed to protect professional income against injury or illness, including specialty-specific definitions such as own-occupation coverage.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves2 records

Expansion highlights2 records

Direct peers

• Northwestern Mutual: Career-agency insurance carrier that actively recruits and serves physicians and dentists for individual disability income insurance (own occupation), life insurance, and group products — directly competing with HPIS for the same professional-occupation buyer.
• New York Life: Mutual life insurer with a career agency distribution model that markets disability income (own occupation), life insurance, and group benefits to physicians, dentists, and other high-earning professionals, in direct competition with HPIS's niche.
• MassMutual: MassMutual's career agency force targets high-income professionals, including physicians and dentists, for disability income (own occupation), life insurance, and group benefits products — directly competitive with HPIS's offerings.

Broad incumbents

• Hub International: North American insurance brokerage with specialty practices in healthcare and professional services, providing group benefits and individual disability/life products to medical groups — overlapping with HPIS's physician/dentist niche at larger scale.
• Brown & Brown Insurance: Large US insurance brokerage with national reach into healthcare provider and professional services segments, including employee benefits brokerage that overlaps HPIS's disability, life, and group benefits offerings for medical professionals.
• Marsh McLennan: World's largest insurance broker with a dedicated benefits consulting practice that competes for the same physician and dentist disability, life, and group benefits spend that HPIS targets, but across an enterprise-wide risk and benefits portfolio.
• USI Insurance Services: US-focused insurance brokerage with a dedicated employee benefits and personal lines practice that serves professional clients including physicians and dentists, competing directly with HPIS in disability, life, and group health placement.
• Aon: Global insurance and reinsurance broker with a substantial healthcare and group benefits practice that sells disability, life, and group health products to medical professionals and hospital systems — overlapping with HPIS's product set but serving a much broader set of buyers and industries.

Others

• ProAssurance: Medical professional liability insurer that sells to physicians, dentists, and other healthcare professionals — adjacent to HPIS since it serves the same medical professional buyer with malpractice and ancillary coverages rather than disability, life, and group health benefits.
• The Doctors Company: Medical professional liability insurer owned by physicians that also offers risk-management and insurance-adjacent products to doctors and dentists — adjacent to HPIS because it serves the same medical professional buyer across a different (malpractice) line of coverage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Health Professionals Insurance Services